X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Software AG, a developer of business infrastructure software, announced the acquisition of the application modernization business of Jacada for $26 million in a cash transaction. The asset deal expands Software AG’s application modernization portfolio with additional products for modernizing the user interface of mainframe and midrange-based applications. In addition, eight members of Jacada’s R&D and support staff will join Software AG ensuring continuous product development and customer support. Software AG will gain more than 200 enterprise customers, mostly in the United States, as a result of the acquisition.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.